A Business Activity Statement (BAS) is a tax reporting obligation for business. It is issued by the Australian Taxation Office (ATO) and facilitates the payment of GST, PAYG etc.
For the last few years, public dialogue on the property market has largely centered around rising property prices and a lack of affordable housing. As a result the government has introduced tax changes.
Let’s throw the old school misconceptions about ‘typical accountants’ out the window & talk about Highview’s newest Partner of the Mornington office, James Wrigley.
How often have you heard that? The cheeky ‘cashie’ job. From a client, a Tenant of your rental property or a pair of jousting sticks in the trading post. How much are they worth anyway? Tell him he's dreaming.
Before this year’s budget the government announced an extension to the instant asset write-off, both in terms of amount and date. The threshold increased from $20,000 to $25,000.
Cyber security experts are predicting an increase in scam activity targeting small-to-medium businesses over the next month as fraudsters ramp up their tax time scams.
